By editor
Originally published on Mon October 8, 2012 8:00 am
Venezuelan President Hugo Chavez has beaten his most serious political challenge in years. He defeated a young former governor handily in Sunday's presidential election. With this victory, Chavez has another six years to consolidate his socialist system in the country with the world's largest oil reserves.
It was the toughest challenge to his rule that he'd received in years — a young, vigorous candidate whose election would have ended Chavez's self-proclaimed revolution.
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